14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of EXK
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Strong day for Endeavour Silver Corporation stock price on Friday rising 10.57% to $3.87
(Updated on May 17, 2024)

Buy or Hold candidate since Mar 01, 2024 Gain 131.74% PDF

The Endeavour Silver Corporation stock price gained 10.57% on the last trading day (Friday, 17th May 2024), rising from $3.50 to $3.87. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 6.58% from a day low at $3.65 to a day high of $3.89. The price has risen in 6 of the last 10 days and is up by 46.04% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 million more shares were traded than the day before. In total, 11 million shares were bought and sold for approximately $40.83 million.

The stock has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $3.69, a level that may pose a second chance to hit a runner. According to fan-theory $4.24 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

EXK Signals & Forecast

The Endeavour Silver Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $3.45 and $2.86. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 52.96%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Endeavour Silver Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $3.49 and $3.33. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Endeavour Silver Corporation finds support just below today's level at $3.49. If this is broken, then the next support from accumulated volume will be at $3.33 and $3.32.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.240 between high and low, or 6.58%. For the last week, the stock has had daily average volatility of 5.61%.

The Endeavour Silver Corporation stock is extremely overbought on RSI14 (82). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stop-loss: $3.70 (-4.30%) (This stock has high daily movements and this gives high risk. The RSI14 is 82 and this increases the risk substantially. There is a buy signal from a pivot bottom found 21 days ago.)

Trading Expectations (EXK) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Endeavour Silver Corporation to open at $3.80, and during the day (based on 14 day Average True Range), to move between $3.67 and $4.07, which gives a possible trading interval of +/-$0.202 (+/-5.22%) up or down from last closing price. If Endeavour Silver Corporation takes out the full calculated possible swing range there will be an estimated 10.44% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $3.49, some $0.380 (9.82%) from the current price of $3.87, our system finds the risk reward attractive.

Is Endeavour Silver Corporation stock A Buy?

Endeavour Silver Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Endeavour Silver Corporation of Monday, May 20, 2024

Fair opening price May 20, 2024 Current price
$3.80 ( 1.72%) $3.87

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for EXK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.04 4.48 %
R2 3.95 2.11 %
R1 3.90 0.646 %
Current price: 3.87
Support S1 3.71 -4.09 %
S2 3.66 -5.56 %
S3 3.56 -7.92 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 3.87
Support S1 3.49 -9.82%
S2 3.33 -13.95%
S3 3.32 -14.21%

EXK Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 13, 2014 Jan 13, 2014 Jan 13, 2014 $0.110 2.72%

FAQ

What is the symbol for Endeavour Silver Corporation Stock and on which exchange is it traded?
The symbol for Endeavour Silver Corporation is EXK and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Endeavour Silver Corporation Stock?
Endeavour Silver Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Endeavour Silver Corporation Stock?
Endeavour Silver Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Endeavour Silver Corporation Stock.

What's the current price of Endeavour Silver Corporation Stock?
As of the end of day on the May 17, 2024, the price of an Endeavour Silver Corporation (EXK) share was $3.87.

What is the 52-week high and low for Endeavour Silver Corporation Stock?
The 52-week high for Endeavour Silver Corporation Stock is $3.89 and the 52-week low is $1.42.

What is the market capitalization of Endeavour Silver Corporation Stock?
As of the May 17, 2024, the market capitalization of Endeavour Silver Corporation is 841.194M.

When is the next earnings date for Endeavour Silver Corporation?
The upcoming earnings date for Endeavour Silver Corporation is Aug 13, 2024.
Click to get the best stock tips daily for free!

About Endeavour Silver Corporation

Endeavour Silver Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico and Chile. The company explores for gold and silver deposits, and precious metals. The company operates two producing silver-gold mines in Mexico, such as the Guanaceví mine in Durango; and the Bolañitos mine in Guanajuato. It is also advancing two exploration an... EXK Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT